XRP Ledger has introduced a significant update with the release of version 2.3.0 of its reference server implementation, rippled. This major release brings a host of new features and improvements aimed at enhancing the functionality and stability of the XRP Ledger.
Amid the ongoing regulatory tensions, Ripple continues to expand its influence within the financial technology space.
As United States Securities and Exchange Commission (SEC) Chairman Gary Gensler prepares to depart the Commission, spot XRP exchange-traded funds (ETFs) applications are piling up.
WisdomTree has entered the competition for an XRP-based ETF, joining firms like Bitwise, 21Shares, and Canary Capital, all of which have filed similar proposals.
"I've been an XRP holder for a while, just not super vocal about it," the golf influencer said.
Archax, a UK-regulated digital asset exchange, broker, and custodian, has collaborated with Ripple Labs to tokenize a money market fund managed by abrdn on the XRP Ledger (XRPL).
XRP Ledger (XRPL) developers have rolled out a new server update to address a recent temporary outage that disrupted node operations. Network outage On Nov. 25, XRPL experienced a partial network outage that impacted several node types, including Full History, Current Ledger, Pathfinding, and Submission nodes.
Ripple (XRP) sellers appear to have outpaced the pressure previously put up by bulls, BeInCrypto observed. Over the last 30 days, XRP's price has increased by 177%, driven by several factors, and has put bears on the back foot.
Ripple CLO Stuart Alderoty slammed the U.S. Securities and Exchange Commission (SEC) for bragging about enforcement actions and raising record fines. Stuart Alderoty has challenged the bragging rights of the US SEC, highlighting the flawed approach the government agency has taken in lawsuits.
Ripple and Archax launched the first-ever tokenized fund on XRP Ledger (XRPL). This groundbreaking move is due to Abrdn's $3.8 billion US Dollar Liquidity Fund.
The Delaware filing marks only the beginning for WisdomTree, which must submit an S-1 registration to the SEC.
The resignation of Gary Gensler as the Chair of the US Securities and Exchange Commission (SEC), effective January 20th -the same day President-elect Donald Trump is set to be inaugurated – is set to be a monumental day for the XRP community. In his latest video, crypto analyst Rodney (@cryptojourneyrs) shared an analysis of the price potential in the post-Gensler era.
XRP maintains position above $1.45 while forming a contracting triangle pattern, with bulls eyeing a potential breakthrough above the $1.50 resistance level.
A closely followed crypto analyst thinks that payments-focused altcoin XRP is in a strong position to witness bullish continuation. Pseudonymous analyst Credible tells his 439,700 followers on the social media platform X that XRP looks ready for renewed rallies after holding its immediate support at $1.35.
Ripple's XRP has seen an upward swing, gaining over 3% in the past 24 hours, trading at levels just shy of $1.50. The recent price action reflects cautious optimism among traders as XRP consolidates within a critical range.
Ripple's XRP has been one of the top performers during the ongoing bullish rally across the cryptocurrency market. In the last 30 days, XRP has gained by 184%, with its market capitalization increasing threefold from $29 billion to $83 billion.
WisdomTree, a prominent New York-based asset management firm overseeing $113 billion in assets, has filed for an XRP exchange-traded fund (ETF) with Delaware authorities.
XRP price has captured significant attention this month, rallying beyond $1.4 and securing impressive market momentum. The cryptocurrency's value has surged over 177%, driven by broader market gains and renewed investor interest.
XRP has experienced significant growth, climbing above the $1 mark in November, thanks to a broader market rally. This surge has ignite hope among investors, positioning Ripple's token as a strong player in the recovering cryptocurrency landscape.
After those on BTC and ETH, and while waiting for those on SOL, the procedure has begun to list those on XRP on the US exchanges as well.
Archax has provided access to Abrdn's U.S. dollar Liquidity Fund (Lux) in tokenized form on XRPL. Ripple will allocate $5 million into tokens on Abrdn's Lux fund, part of a larger allocation to real-world assets (RWAs) on the XRPL.
The price of XRP, the digital token native to Ripple's blockchain network, has been on an upward trajectory in 2024. After a notable 25% surge this week, XRP hit a new yearly high of $1.45, ignite optimism among investors and cryptocurrency enthusiasts.
Ripple CEO Brad Garlinghouse recently announced an upcoming interview with "60 Minutes."
WisdomTree has filed for an XRP ETF, a key move in the evolving US cryptocurrency regulations.
Eleanor Terrett, a business journalist for Fox News, was the first to air the development. The tight bands around crypto ETFs have relaxed, after Donald Trump's US presidential win.
XRP price is consolidating gains near the $1.450 zone. The price must clear the $1.50 resistance zone to start a fresh increase in the near term.
Ripple's XRP is currently trading in green and is up by more than three percent at the time of writing. The price is currently testing levels below $1.50 and is experiencing a slight correction today, but nothing major.
Global asset manager Wisdomtree has filed for an XRP ETF in Delaware, marking a potential breakthrough amid regulatory shifts. Regulatory Shifts Loom as XRP ETF Eyes Breakthrough Moment Global investment management firm Wisdomtree, renowned for its extensive range of exchange-traded funds (ETFs), has filed with the state of Delaware to establish an XRP ETF.
Growing XRP-spot ETF applications highlight investor optimism despite SEC silence on plans to appeal rulings in the Ripple case.
A crypto strategist is warning that two large-cap altcoins may witness deep corrective moves after massive rallies this month. Crypto trader Credible tells his 473,800 followers on the social media platform X that payments-focused altcoin XRP looks primed for a pullback after completing a five-wave rally on the four-hour chart.
Ripple's native token, XRP, has been one of the most talked-about cryptocurrencies recently due to its impressive price rally. However, the momentum may be facing some challenges, as a significant whale transaction on November 24, 2024, raises questions about the future of the asset's price.
Ripple advances tokenized finance with the first money market fund on XRP Ledger, redefining efficiency in real-world asset tokenization and institutional Defi.
Ripple CEO Brad Garlinghouse has become a key figure in discussions around the rumored “Crypto Czar” position in Donald Trump's White House. Speculation about Garlinghouse's potential role in shaping U.S. crypto policy gained momentum following comments from former Ripple executive Sean McBride.
A strong and decisive move above $1.5 could set XRP to hit the immediate target of $2.
To kick things off, Ripple's XRP Ledge will tokenize asset manager asset manager abrdn's $4.77 billion US dollar Liquidity Fund.
Ripple Labs has introduced the first tokenized money market fund on the XRP Ledger (XRPL). The initiative, in partnership with Archax and UK-based asset manager abrdn, signifies a notable advancement in the tokenization of real-world assets (RWA) and the expansion of institutional decentralized finance (DeFi) for the XRP ledger ecosystem.
The recent spike in trading activity on Korean exchanges has brought the country and its retail investors to the fore of the crypto industry. Korean Investors Love to Play Big The South Korean cryptocurrency market is once again at the center of global attention with a recent surge in trading activity.
Ripple (XRP) price has surged 182.80% in the last 30 days and 30.26% in the past week. While its EMA lines remain bullish, with short-term lines above long-term ones, indicators like RSI and CMF suggest the uptrend could be losing steam.
Asset manager WisdomTree has filed for an XRP exchange-traded fund (ETF) in Delaware, the first step in the U.S. regulatory process.
WisdomTree has filed to create an XRP exchange-traded product in Delaware, marking its entry into the XRP ETF race and signaling potential regulatory progress for cryptocurrency investments amid ongoing legal challenges faced by Ripple Labs. The post Global ETF Provider WisdomTree Files for XRP ETF in Delaware appeared first on Cryptonews.
Bloombergs James Seyffart has shared insights on the challenges facing XRP and SOL ETFs, predicting potential approval by 2025. Regulatory hurdles like compliance and market manipulation remain, but changes in SEC leadership could reshape the landscape.
Armando Pantoja, an experienced angel investor who has been active in the cryptocurrency space since 2011, has recently challenged the skepticism surrounding XRP's potential to hit $100. His comments come as XRP continues to perform exceptionally well in the ongoing bull market, with some calling for bold price targets while others urge caution.
The XRP ETF file has stirred optimism in the crypto sector, with analysts tying the move to the potential policy shifts expected under President-elect Donald Trumps administration. XRP ETF Filing Marks a Critical Turning Point On November 25, the New York-based asset manager WisdomTree Funds signaled its intention to file with the US Securities and Exchange Commission by registering in Delaware for an XRP (XRP) exchange-traded fund (ETF), Cointelegraph reports.
Bloomberg Analyst James Seyffart has outlined potential timelines for the approval of Solana (SOL), XRP, Litecoin (LTC), and Hedera (HBAR) exchange-traded funds (ETFs). As regulatory discussions gain traction in the United States, Seyffart predicts that decisions on these altcoin ETFs may extend into late 2025, depending on various factors.
Asset manager WisdomTree has joined the XRP ETF race with its own filing.
Moving beyond Bitcoin, asset managers are now eyeing towards XRP as the next big player in the ETF space. In a latest develoment, the Global ETF provider WisdomTree has filed to launch an XRP ETF in the U.S. notably, this is the third filing to establish a spot XRP ETF in the country.
Prominent asset manager and exchange-traded fund issuer Wisdom Tree is reportedly filing for an XRP ETF product. According to Eleanor Terret of Fox News, $100 billion asset manager Wisdom Tree has registered for an XRP ETF in the state of Delaware.
Here are some of the latest XRP price predictions.
